Approximating the global economic (market) value of farmed animals

IF 9.8 1区经济学 Q1 FOOD SCIENCE & TECHNOLOGY Global Food Security-Agriculture Policy Economics and Environment Pub Date : 2023-10-05 DOI:10.1016/j.gfs.2023.100722

Peggy Schrobback , Gabriel Dennis , Yin Li , Dianne Mayberry , Alexandra Shaw , Theodore Knight-Jones , Thomas Lloyd Marsh , Dustin L. Pendell , Paul R. Torgerson , William Gilbert , Benjamin Huntington , Kassy Raymond , Deborah A. Stacey , Theresa Bernardo , Mieghan Bruce , K. Marie McIntyre , Jonathan Rushton , Mario Herrero

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Abstract

Understanding the global economic importance of farmed animals to society is essential as a baseline for decision making about future food systems. We estimated the annual global economic (market) value of live animals and primary production outputs, e.g., meat, eggs, milk, from terrestrial and aquatic farmed animal systems. The results suggest that the total global market value of farmed animals ranges between 1.61 and 3.3 trillion USD (2018) and is expected to be similar in absolute terms to the market value of crop outputs (2.57 trillion USD). The cattle sector dominates the market value of farmed animals. The study highlights the need to consider other values of farmed animals to society, e.g., finance/insurance value and cultural value, in decisions about the sector’s future.

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接近养殖动物的全球经济(市场)价值

了解养殖动物对社会的全球经济重要性对于未来粮食系统的决策至关重要。我们估计了陆地和水生养殖动物系统的活体动物和初级生产产出(如肉、蛋、奶)的年度全球经济(市场)价值。结果表明，全球养殖动物的总市场价值在1.61至3.3万亿美元(2018年)之间，预计在绝对值上与作物产出的市场价值(2.57万亿美元)相似。养牛业在养殖动物的市场价值中占主导地位。该研究强调，在决定该行业的未来时，需要考虑养殖动物对社会的其他价值，例如金融/保险价值和文化价值。

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来源期刊

Global Food Security-Agriculture Policy Economics and Environment FOOD SCIENCE & TECHNOLOGY-

CiteScore

20.90

自引率

3.40%

发文量

期刊介绍： Global Food Security plays a vital role in addressing food security challenges from local to global levels. To secure food systems, it emphasizes multifaceted actions considering technological, biophysical, institutional, economic, social, and political factors. The goal is to foster food systems that meet nutritional needs, preserve the environment, support livelihoods, tackle climate change, and diminish inequalities. This journal serves as a platform for researchers, policymakers, and practitioners to access and engage with recent, diverse research and perspectives on achieving sustainable food security globally. It aspires to be an internationally recognized resource presenting cutting-edge insights in an accessible manner to a broad audience.